In-recent-years,-the-increase-of-financial-risks-of-colleges-and-universities-has-arisen-with-the-further-development-of-higher-education-reform-and-the-college-expansion-plan.-The-deterioration-of-financial-situation-influences-the-sustainable-development-of-higher-education.-The-article-discussed-the-importance-of-internal-control-to-financial-risks,-analyzed-the-inner-causes-of-financial-risk,-and-put-forward-some-suggestions-of-improving-internal-financial-controls-in-colleges-and-universities.